Houzz Raises $165M, Releases New Marketplace Feature

October 2, 2014 | The home remodeling website Houzz announced that it raised $165 million in a Series D funding round led by Sequoia Capital. Existing investors Oren Zeev, New Enterprise Associates, GGV Capital and Kleiner Perkins Caufield & Byers also participated together with new investors DST Global and T. Rowe Price. Houzz founder and CEO Adi Tatarko told TechCrunch that the company plans to use the funds to accelerate the company’s global expansion. The company also launched a new service, Houzz Marketplace, that will allow users to directly purchase some of the items they see as they browse the site. Houzz was launched in 2009 in CEO Adi Tatarko and Alon Cohen.